2500 Job lost and 64,000 bookings cancelled in UK | UK Market Update

  • May 23, 2020 BST
  • Team Kalkine

About 2,500 jobs have been lost and 64,000 bookings cancelled with the collapse into administration of Specialist Leisure Group. The hotel and travel company included well-known coach holiday brands Shearings and National Holidays. Trade organisation Abta said the company, which specialised in products for the over-50s, was "significantly impacted" by the coronavirus pandemic.

Homeware chain Ikea is set to reopen 19 stores across England and Northern Ireland with social distancing measures in place. Families will be banned when the outlets open on 1 June, with the company saying it will only allow one adult and one child per household inside at a time.

Facebook employees will have the option to permanently work from home, but can expect a pay cut if they move to less expensive areas to continue the job. Facebook CEO Mark Zuckerberg announced via livestream that he expects about 50 per cent of the company's 50,000 staffers to work remotely within the next five to 10 years.

#Facebook #Jobloss #Kalkine

 


Disclaimer
The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK